Trend Analysis: Performs linear regression on short term (20 day), intermediate term (60 day) and long term (120 day) high and low analysis to determine if trend lines (rSquare>0.8) and channels exists. The slope is the daily gain (-loss) of the trend line.Alerts include existence of trend channels and recent break outs.
TrendTermSlopeTodays ValuerSquare
Tops Long -0.06 6.31 0.83
Bottoms Long -0.06 5.43 0.80
Tops Intermediate 0 7.89 0.31
Bottoms Intermediate 0 7.34 0.04
Tops Short 0.06 9.42 0.71
Bottoms Short 0.06 8.58 0.60
alerts
Long Term Bullish Breakout